Channel Wealth LLC Buys Shares of 6,776 Intel Corporation $INTC

Channel Wealth LLC bought a new stake in Intel Corporation (NASDAQ:INTC) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 6,776 shares of the chip maker’s stock, valued at approximately $250,000.

Other institutional investors also recently made changes to their positions in the company. Legacy Bridge LLC acquired a new stake in shares of Intel in the 4th quarter valued at about $26,000. Corundum Trust Company INC acquired a new stake in shares of Intel in the 3rd quarter valued at about $29,000. Raleigh Capital Management Inc. acquired a new stake in shares of Intel in the 4th quarter valued at about $29,000. Provenance Wealth Advisors LLC raised its stake in shares of Intel by 89.2% in the 3rd quarter. Provenance Wealth Advisors LLC now owns 946 shares of the chip maker’s stock valued at $32,000 after purchasing an additional 446 shares in the last quarter. Finally, Strengthening Families & Communities LLC acquired a new stake in shares of Intel in the 3rd quarter valued at about $33,000. 64.53% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Wells Fargo & Company upped their target price on shares of Intel from $55.00 to $85.00 and gave the company an “equal weight” rating in a research note on Friday, April 24th. Tigress Financial upped their price target on Intel from $66.00 to $118.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Morgan Stanley upped their price target on Intel from $56.00 to $73.00 and gave the company an “equal weight” rating in a research report on Friday, April 24th. Raymond James Financial raised Intel from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, April 21st. Finally, Rosenblatt Securities upped their price target on Intel from $30.00 to $50.00 and gave the company a “sell” rating in a research report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-five have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $75.64.

Intel Price Performance

Shares of NASDAQ:INTC opened at $124.82 on Friday. The firm’s 50 day moving average is $58.56 and its two-hundred day moving average is $47.46. Intel Corporation has a 52 week low of $18.97 and a 52 week high of $130.57. The firm has a market capitalization of $627.32 billion, a P/E ratio of -201.31 and a beta of 2.18. The company has a current ratio of 2.31, a quick ratio of 1.85 and a debt-to-equity ratio of 0.34.

Intel (NASDAQ:INTC) last announced its quarterly earnings results on Thursday, April 23rd. The chip maker reported $0.29 EPS for the quarter, beating the consensus estimate of $0.01 by $0.28. Intel had a negative net margin of 5.90% and a positive return on equity of 0.39%. The company had revenue of $13.58 billion for the quarter, compared to analyst estimates of $12.32 billion. During the same quarter last year, the business earned $0.13 earnings per share. Intel’s revenue was up 7.4% compared to the same quarter last year. Intel has set its Q2 2026 guidance at 0.200-0.200 EPS. Analysts anticipate that Intel Corporation will post 0.63 earnings per share for the current year.

Insider Activity at Intel

In other news, EVP Boise April Miller sold 40,256 shares of the firm’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $99.53, for a total transaction of $4,006,679.68. Following the transaction, the executive vice president directly owned 105,077 shares of the company’s stock, valued at approximately $10,458,313.81. This trade represents a 27.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.05% of the company’s stock.

Key Stories Impacting Intel

Here are the key news stories impacting Intel this week:

• Positive Sentiment: Intel reportedly reached a preliminary agreement to manufacture chips for Apple devices, which would be a major vote of confidence in Intel’s foundry business and could open a meaningful new revenue stream. Apple, Intel Have Reached Preliminary Chip-Making Agreement
• Positive Sentiment: Wall Street commentary has turned more constructive on Intel’s turnaround, with analysts citing stronger earnings, improving guidance, and rising confidence in its foundry progress and AI positioning. Freedom Broker Upgrades Intel Corporation (INTC) to Buy, Lifts PT
• Positive Sentiment: Recent reports suggest Intel is benefiting from a shift in the AI chip narrative, with demand moving beyond Nvidia and into CPUs and other infrastructure-related chips. Wall Street sees ‘changing of the guard in AI’ as Intel, AMD shares soar while Nvidia lags
• Neutral Sentiment: Intel’s recent surge has also drawn caution from some commentators, who warn the stock may be getting stretched after an extremely rapid rally, raising the risk of volatility if deal expectations cool. Intel’s stock just had its most explosive growth ever. Why skeptics are piling on.
• Negative Sentiment: Some analysis still argues Intel faces execution risk, with investors watching closely to see whether the turnaround can translate into durable profits rather than just a momentum-driven move. Intel’s 33% Revenue Drop Puts Tan’s Turnaround In Focus

Intel Profile

Intel Corporation, founded in 1968 by Robert Noyce and Gordon E. Moore and headquartered in Santa Clara, California, is a leading global designer and manufacturer of semiconductor products. The company is historically notable for introducing the first commercial microprocessor and for driving the x86 architecture that underpins many personal computers and servers. Intel’s core business spans the design, fabrication and marketing of processors, chipsets and related components for a wide range of computing applications.

Intel’s product portfolio includes client and mobile processors marketed under brands such as Intel Core and Pentium, as well as high-performance Xeon processors for data centers and cloud infrastructure.